FARM BOOKKEEPING 287 



Table Showing Net Assets of Farmer 



Inventory Year by Year 



1912 



Farm of 100 acres, value $ 6,000 



Dwelling and other buildings 3>5QO 



Four work horses and 2 colts 700 



Eighteen head of cows and heifers 900 



Fifteen hogs, varying 150 



Sixty chickens and ducks 60 



Machinery, harness and vehicles 350 



Pumps, engine and windmill 300 



Miscellaneous equipment 40 



Cash on hand 600 



Total assets $12,600 



Less mortgage of 3>5°° 



Net assets at end of year $ 9,100 



1913 



Farm of 100 acres, value $ 6,500 



Dwelling and other buildings 3.250 



Six head of horses 800 



Twenty head of cows and heifers 1,000 



Twelve hogs 125 



One hundred chickens and ducks 100 



Machinery, harness and vehicles 325 



Pumps, engine and windmill 275 



Miscellaneous equipment 50 



Cash on hand 375 



Total assets $12,800 



Less mortgage of 3,000 



Net assets at end of year $ 9,800 



These figures show an increase of $500 in tke value of 

 the land and a slight decrease in the value of buildings 



